1. I did a lot of **overtime** last month because I need to save some money for my holiday. - **Overtime** refers to extra hours worked beyond the regular working hours, usually for additional pay. 2. The company is in danger of going **bankrupt**. It can’t pay its debts, and sales are falling. - **Bankrupt** means that a company or individual is unable to pay their debts and is insolvent. 3. Our department has a **freeze** on recruitment. We can’t recruit any new staff until next year. - **Freeze** in this context indicates a temporary halt or suspension, often used in the context of recruitment freezes. 4. If the situation doesn’t improve soon, we may have to sell some **assets** – some shares or even some property. - **Assets** are valuable resources owned by a company or individual, which can be sold to generate funds. 5. This looks like an exciting **investment**. We could make about 30% profit on our money within two years. - **Investment** involves putting money into financial schemes, stocks, property, or other ventures with the expectation of achieving a profit. 6. Families should plan their finances like companies. They should calculate their **overheads**, like rent or mortgage, energy bills, etc. - **Overheads** are ongoing business costs necessary to operate a company, such as rent, utilities, and salaries. 7. Families should also produce a **forecast** of the income they expect to receive over the coming months or year. - **Forecast** refers to an estimate or prediction of future trends, particularly in terms of financial income or expenses. 8. Let’s keep part of this money as **reserves**. We might need extra money for building maintenance next year. - **Reserves** are funds set aside for future use or emergencies, providing a financial cushion for unexpected expenses.